SAN MATEO, CA–(Marketwire – November 23, 2010) – Coupa Software today announced the availability of Coupa Expenses for Salesforce on AppExchange 2. With Coupa Expenses for Salesforce, salespeople no longer need to worry about tracking paper receipts or wasting hours to file an expense report. Now managers can see the impact of T&E expenses on their budget before reimbursements are approved, accounting managers gain intelligent scoring to prioritize expense report audits, and executives have insights into the true cost of sales. Coupa Expenses for Salesforce is immediately available for test drive and deployment on AppExchange 2 at http://www.salesforce.com/appexchange/.
Coupa will be attending Dreamforce 2010, the cloud computing event of the year, at Moscone Convention Center in San Francisco December 6 – 9, 2010. Be sure to stop by booth #321 for a demo and more information.
Coupa Expenses for Salesforce provides greater insights on and control over T&E expenditures, including:
- Which opportunities and accounts are the most costly to sell and service
- Which salespeople file the largest expense reports
- How T&E expenses correlate to close rates
- How expenses trend over time
Coupa Expenses for Salesforce is part of the Coupa Cloud Spend Management platform, the cloud-based service that consolidates e-procurement and expense management into a solution for managing, and more effectively controlling, all business spending.
“Customers using Salesforce to grow their top line revenue can now use Coupa Expenses for Salesforce and Coupa Cloud Spend Management to manage spending and generate savings that improves bottom line performance — all from within their Salesforce environment,” said Rob Bernshteyn, CEO at Coupa Software.
With Coupa Expenses for Salesforce, companies can compare sales performance to related expenditures. “We can now tie expenses managed through the Coupa Cloud Spend Management solution to the opportunities we manage in Salesforce. This allows us to gain, for the first time, real-time visibility into the spending directly related to our sales opportunities,” said Kristin Klingvall, controller at the California Academy of Sciences.
“Coupa’s new Expenses for Salesforce product is a great example of apps moving to Cloud 2 — it provides real-time visibility into T&E spending and mobile capabilities for receipt management and expense report review and approval. It’s a great tool to help customers keep company expenses in line,” said Kendall Collins, chief marketing officer at salesforce.com.
About the Force.com Platform and AppExchange 2
Force.com is the only proven enterprise platform for building and running business applications in the cloud. The Force.com platform powers the Salesforce CRM (http://www.salesforce.com/) applications, more than 1000 ISV partner applications like those from CA Technologies, FinancialForce.com and Fujitsu, and 185,000 custom applications used by salesforce.com’s 87,200 customers such as Japan Post, Kaiser Permanente, KONE and Sprint Nextel. Force.com also enables developers to make any enterprise app social by leveraging the social collaboration components including profiles, status updates, and real-time feeds available with Chatter.
Applications built on the Force.com platform can be easily distributed to the entire cloud computing community through the salesforce.com AppExchange 2 marketplace http://www.salesforce.com/appexchange/, now featuring the ChatterExchange.
About Coupa Software
Coupa is the leading provider of disruptive and innovative cloud spend management (CSM) solutions that help companies control their indirect spending and generate savings that go direct to the bottom line. Coupa combines the best e-procurement and expense management capabilities in a single solution that is easier to use, faster to configure and deploy, and more cost-effective than anything available today. With deep domain knowledge in e-procurement and expense management, a best-in-class cloud computing platform, a fast-growing community of customers, and industry-first innovations like real-time benchmarking, intelligent expense report auditing, and crowd sourcing great deals on the Web, Coupa is leading the way in helping companies spend smarter and save more. For more information please visit, http://www.coupa.com or call 650.931.3200.
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